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    119 & Fulton Spg Rd Alabaster, AL 35007

    Sponsored
    For Sale
    $1,500,000

    High-traffic corner lot, 1.1 acres. Development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.1-acre commercial land parcel presents a prime development opportunity in Alabaster, Alabama. Located at the intersection of Hwy 119 and Fulton Springs Road, this property boasts approximately 285 feet of frontage on Hwy 119, ensuring high visibility and accessibility. The site shares access with a Walmart Neighborhood Market, positioned at a traffic signal for optimal exposure to a substantial daily traffic flow. The property's location across from the Whitestone Retail Center further enhances its strategic advantage within a thriving commercial area. All utilities are readily available, making development seamless and efficient. The zoning allows for a variety of commercial uses, including but not limited to restaurants, convenience stores, and retail establishments. The property's size may also allow for division, presenting additional development flexibility. This is an exceptional opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. The asking price is $1,500,000. The property is situated in Shelby County, Alabama, with a zip code of 35007.

    Property Features for 119 & Fulton Spg Rd

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • 1.1‑acre commercial lot in Alabaster, AL, with approximately 285 feet of frontage on Hwy 119.
    • Shared access with a Walmart Neighborhood Market at a traffic signal.
    • Possible lot division.
    • All utilities available.
    • Suitable for restaurants, convenience stores, and retail; across from Whitestone Retail Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alabaster
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8285735
    Latitude
    33.2116298

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, 1.1 acres. Development opportunity.
    Where is this land located?
    The property is located at 119 & Fulton Spg Rd Alabaster, AL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 1.1-acre commercial lot in Alabaster, AL, with approximately 285 feet of frontage on Hwy 119.; Shared access with a Walmart Neighborhood Market at a traffic signal.; Possible lot division.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 & Fulton Spg Rd Alabaster, AL 35007
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